SRK firm's name comes up in scam, assets attached by ED

SRK firm's name comes up in scam, assets attached by ED
Tuesday, February 04, 2020 12:14 IST
By Santa Banta News Network
The enforcement Directorate has attached properties worth 70 crores in the Rose Valley Ponzi scam case and an interesting name that has come up here is SRK's Kolkata Knight Riders that is owned by his wife Gauri KhaEnforcementn. ED has seized Kolkata Knight Riders Sports Pvt.Ltd, Multiple Resorts Pvt Ltd, and St. Xavier's College, Kolkata in connection to the Rose Valley ponzi scam as these firms have received funds from Rose Valley group.

A charge sheet has also been filed by the ED on Monday in Bhubaneshwar (Kolkata) court regarding this case. The Kolkata Knight Riders Sports Pvt.Ltd is owned by actor Shah Rukh Khan, his wife Gauri Khan and actress Juhi Chawla's husband Jay Mehta. The Enforcement Directorate has attached a provisional Seize Prevention in Money Laundering (PMLA) Act 2020.

Since Kolkata Knight Riders Sports Pvt. Ltd owns the Indian Premier League (IPL) team Kolkata Knight Riders (KKR) which is promoted by Shah Rukh Khan, the actor is also under PMLA investigation. He has been accused and questioned by the officials to have been selling shares of KKRS Pvt.Ltd worth 5 crores to Jay Mehta at an undervalued rate.
Alaya F Gives Big Shoutout To RajKummar Rao, Manushi Chhillar's Maalik!

RajKummar Rao and Manushi Chhillar, who are coming together for the first time, are creating excitement

Thursday, June 12, 2025
Balika Vadhu Star Avika Gor Gets Engaged to Milind Chandwani: Meet the Man Who Won Her Heart!

Avika Gor, who stole hearts as the innocent Anandi in Balika Vadhu, has just stepped into an exciting new

Thursday, June 12, 2025
Kesari Chapter 2: The Untold Story of Jallianwala Bagh Streaming On Jiohotstar From This Date!

After a commanding run at the theatres, Kesari Chapter 2: The Untold Story of Jallianwala Bagh will

Thursday, June 12, 2025
Kriti Sanon's Not-So-Regular Green Tea Moment Sparks Buzz - Is a Wellness Disruption Brewing?

Kriti Sanon has once again sent her fans into a frenzy — this time, not with a blockbuster film or fashion

Thursday, June 12, 2025
Zee Music Company honoured with YouTube's prestigious Red Diamond Play Button for crossing 100 million subscribers!

Zee Music Company, one of India’s leading music labels, surpassed the extraordinary milestone of

Thursday, June 12, 2025
ADVERTISEMENT
ADVERTISEMENT